On July 20, former CEO of GAW Miners Homero Joshua Garza pleaded guilty to one count of wire fraud stemming from his mining Ponzi scheme. Garza, who faces up to 20 years imprisonment, will be sentenced in October 2017.
Next week, Sir Richard Branson will gather international civil, humanitarian, political, and technological leaders for the third annual Blockchain Summit at the immaculate Necker Island. This year’s conference will focus on democracy promotion, cyber security, the sharing economy, voting, and land titling.
The National Bank of the Republic of Belarus has announced it will integrate blockchain technology into its securities markets and make its use available to a number of other banking and non-banking entities.
Recently created “Parity” multisig wallets are still exploitable; wallets created through Geth or MyEtherWallet and single-user wallets are unaffected. White Hat hacking group saved a large amount of Ether from attack, which it intends to return to wallet holders.
Professors, Ethereum Foundation (EF) contributors, and top students and developers join the Initiative for CryptoCurrencies & Contracts (IC3) Ethereum Crypto Bootcamp in Cornell for a weeklong hackathon.
On July 19, Brian Forde announced his intention to run for Congress in California’s 45th District. The co-founding director of MIT’s Digital Currency Initiative, Forde joins a field of five Democratic challengers to incumbent Republican Congresswoman Mimi Walters.
Governor of the Austrian Central Bank Ewald Nowotny warned users about the speculative nature of virtual currency. Nowotny also serves as a member of the governing council of the European Central Bank (ECB).